M&A Deal Summary

MPE Partners Acquires DIG

On January 28, 2025, private equity firm MPE Partners acquired energy services and equipment company DIG

Acquisition Highlights
  • This is MPE Partners’ 2nd transaction in the Energy Services and Equipment sector.
  • This is MPE Partners’ 83rd transaction in the United States.
  • This is MPE Partners’ 11th transaction in Ohio.

M&A Deal Summary

Date 2025-01-28
Target DIG
Sector Energy Services and Equipment
Buyer(s) MPE Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

DIG

Columbus, Ohio, United States
DIG provider of critical repair, replacement, and maintenance services for utility customers across the gas, electrical, telecommunications, and water end markets. DIG is based in Columbus, Ohio.

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Buyer(S) 1

Buyer

MPE Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 3.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

MPE Partners is a Midwest based investment firm principally focused private equity investments throughout North America. MPE has a preference for buyouts and recapitalizations of lower middle-market, family and entrepreneur owned businesses. The Firm looks for stand-alone companies operating in the 'high-value' manufacturing or business services sectors. MPE seeks businesses with at least $5 million of EBITDA and valued up to $250 million. MPE Partners is headquartered in Cleveland, Ohio.


DEAL STATS #
Overall 86 of 86
Sector (Energy Services and Equipment) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 8 of 8
State (Ohio) 11 of 11
Country (United States) 83 of 83
Year (2025) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-28 Precision

Lancaster, Ohio, United States

Precision provides repair, replacement, and maintenance services for utility customers across the gas, electrical, telecommunications, and water end markets. The company offers horizontal directional drilling, excavation, hydrovac operations, utility locating and verification, video camera line inspection, GPS mapping, and other underground solutions. It has a core focus on (i) replacement of leak-prone natural gas distribution pipelines and (ii) installation of telecommunications infrastructure to protect and secure the electrical grid. Precision is based in Lancaster, Ohio.

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